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Croatia increases defense budget in 2017: FM

Xinhua, March 31, 2017 Adjust font size:

Croatia would increase its defense budget by 9 percent in 2017 in order to meet with NATO's agreement, Croatian Foreign Minister Davor Ivo Stier said on Friday.

Stier, who is in Brussels attending a meeting of NATO foreign ministers, said that Croatia has already started increasing defense budget, a rise of 9 percent this year compared with 2016, and it planed to achieve the allocation target of two percent of GDP by 2024, Croatian News Agency reported.

Croatia set aside 1.21 percent of its GDP for defense in 2016, according to NATO data.

NATO member countries agreed to raise their defense allocations to at least 2 percent of GDP at the NATO summit in Wales in 2014. Enditem